§ 31D-4-405. Power to contract; presently exercisable power of appointment.
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§ 31D-4-405. Power to contract; presently exercisable power of appointment.
A power holder of a presently exercisable power of appointment may contract:
(1)Not to exercise the power.
(2)To exercise the power if the contract when made does not confer a benefit on an impermissible appointee. (2015-205, s. 3(a).)